Month: March 2018

The Finance Ministry has decided to admit that documents related to the shady 2016 land deal struck with Osaka-based school operator Moritomo Gakuen were secretly revised and that key parts were dropped from the version released to lawmakers last year ... ( read original story ...)

Tokyo: The Bank of Japan stayed the course with its monetary stimulus yesterday at Governor Haruhiko Kuroda’s (pictured) final policy meeting before his new term begins next month. The BoJ kept its yield-curve control settings and asset purchases ... ( read original story ...)

BANGKOK: Bank of Thailand announced the two bodies will establish a framework for cooperation to promote use of local currencies for settling trade and investment in both countries. Covered under the MoC is settlement that includes, among others ... ( read original story ...)

Japan's Finance Ministry and the Bank of Thailand have signed a memorandum of cooperation for the establishment of a framework to promote the use of local currencies. The deal aims to promote the use of local currencies for trade and investment settlement ... ( read original story ...)

It is a little-known fact that Japan has embraced the notion of open banking, having been inspired by the European Payment Services Directive. In fact, not only has it embraced open banking, it is storming full steam ahead with it. And while an open ... ( read original story ...)

TOKYO - 9 March 2018: Japan’s central bank kept monetary settings unchanged on Friday and stuck to its upbeat view on the economy, underscoring its conviction that its massive stimulus program is helping drive inflation toward its elusive target. ( read original story ...)

As expected, the Bank of Japan's policy board voted to keep the benchmark interest rate at -0.1% and the yield on 10-year Japanese government bonds near 0%. The decisions by the central bank were made with inflation in Japan still comfortably below the BOJ ... ( read original story ...)

Since the whole group covers 61 banks total that account for just over 80 percent of all of Japan’s banking assets at last report, it’s going to be fairly widespread. As for the Ripple connection, word from SBI Ripple Asia’s CEO Takashi Okita ... ( read original story ...)

Thailand and Japan have signed an agreement on use of their local currencies for bilateral business. Bank of Thailand assistant governor Chantavarn Sucharitakul said on Friday the BoT and the Finance Ministry of Japan signed a memorandum of cooperation to ... ( read original story ...)

Tokyo: Japan’s central bank on Friday said it was keeping its ultra-loose monetary policy in place, in keeping with expectations, as the world’s third-largest economy struggles to rekindle growth. The Bank of Japan’s massive monetary easing programme ... ( read original story ...)

It's a tough mindset for many Japanese consumers to shake off, in Okubo's view. Buying up the bond market The Bank of Japan has resorted to a number of drastic measures to try and deal with the problem. The moves were led by the central bank's governor ... ( read original story ...)

This would hurt the Bank of Japan, which has been making some progress toward 2 percent inflation. "I think it’s likely we are going to see some deceleration in the pace of economic expansion," said Takashi Shiono, an economist at Credit Suisse (SIX ... ( read original story ...)